U.S. Economy News
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What about the industrial-military complex? Why aren't military bases on foreign soil considered part of a large bloated government
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@DaFuckyouat yeah dumb ass --- the only ones that didnt risk was wall street dumb ass. They got rich either way. What the fuck risk did they take retard?? They sell worthless paper and get rich. IF the worthless paper is a problem, the government buys it.
No fucking risk to wall street retard -- that was the whole problem.
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Are you braindamaged? Of course there's risk,; If the governments that bailed them out default on their loans, the governments won't be able to protect them. Bankers have no power when a government defaults, and or a currency collapse happens. There's no power that comes from having trillions of nearly worthless notes.
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Da fuck dumb ass --- risk was NOT part of Wall street insiders you clueless idiot. They could buy shit paper, get rich on that, and when the value went to shit, they had the government bail them out.
Or did you miss that whole thing you dumb fuck?
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RISK IS part of capitalism--a business can fail. People may default on loans. Governments can default on debts. The issue is that very few players can calculate the risk behind financial products they have.
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@DaFuckyouat Risk -- what the fuck risk are you talking about dumb ass? What risk did wall street take you dumb fuck? What risk did the bankers take? Fucking none. If they lost any money (after the killed the golden goose) they screamed too big to fail, bail my ass out. That's not risk dumb ass.
We have rewarded bullshit and punished work in the country, mostly by the tax code, and that's why our economy got out of balance.
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@DaFuckyouat Not sure what you mean. Some rich people work their ass off for their money and contribute mightily. Some are parasites who get rich on leverage buy outs and credit swaps, then want billions in bail outs. The problem is - its hard to tell, and harder to write a tax code that handles that.
Why not just tax the credit swaps, leverag buy outs, short selling, ect, like we tax work? LIke we tax a roofer or plumber. Right now, work is taxed 300% higher. Stop that shit.
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a short while? Do you think the average joe sixkpack can compete in a global economy?
No, it's game over. The problem is instead of upgrading employable skills people were upgrading to larger houses,
and more gaudy frippery.
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If the money of the very wealthy was invested in creating more engineers, scientists, doctors and others involved in improving the quality of life, their claim the world's wealth could have shrunk.
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The banks didn''t "rob" anyone because no one was forced to borrow anything. They're just sales people. What salespeople like to do is to prey on the financially illiterate and those who have a hard-on for risk-taking. Risk-taking is a fundemental feature of the American economic system.
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you know what makes my dick hard? the fact that these people that were making $100,00 a year before and are now collecting food stamps were probably the same people that hated the idea of their "hard earned tax dollars" going towards families on welfare
u reap what u sow
kitches1991 2 years ago 10
wait until we are required to carry mandatory health insurance, and will be fined if we are not insured, this is not the american way, what happens to all of the unemployed who cant pay health insurance, or the fines?? will we be imprisoned??how will that work? should all of the people without jobs start robbing banks? it would seem fair, the banks have been robbing us for some time now. skyrocketing intrest rates on credit cards, fuck you bank of america and washington mutual,, FUCK U FUCK U
drummingfordrunks 2 years ago 5